$172,300
Tax assessed value
- Studio
- 4 Baths
116 Franklin St, Suffolk, VA 23434
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.37 | Multi-Family Home | $440,000 | 03/12/26 | 6 | 4 | 4,150 | |
0.39 | Multi-Family Home | $265,000 | 03/12/26 | 4 | 4 | 3,040 | |
0.41 | Multi-Family Home | $180,000 | 03/12/26 | 4 | 4 | 2,728 | |
0.28 | Multi-Family Home | $129,900 | 06/05/26 | 4 | 2 | 1,600 | |
0.35 | Multi-Family Home | $225,000 | 03/12/26 | 4 | 2 | 1,500 | |
0.36 | Multi-Family Home | $225,000 | 03/12/26 | 4 | 2 | 1,488 | |
0.38 | Multi-Family Home | $285,000 | 03/12/26 | 8 | 2 | 3,388 | |
0.38 | Multi-Family Home | $240,000 | 03/12/26 | 4 | 2 | 1,912 | |
0.39 | Multi-Family Home | $295,000 | 03/12/26 | 6 | 2 | 3,284 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $255,000 | 4 | 3.5 | 2,194 | Recently Sold | |
0.04 | $270,000 | 3 | 2 | 1,850 | For Sale | |
0.09 | $85,000 | 3 | 1 | 1,320 | Recently Sold | |
0.12 | $344,900 | 3 | 2.5 | 1,560 | Off Market | |
0.12 | $254,900 | 3 | 2 | 1,447 | Recently Sold | |
0.13 | $288,200 | 3 | 2 | 1,762 | Off Market | |
0.14 | $635,000 | 12 | 5.5 | 4,705 | For Sale | |
0.16 | $290,000 | 3 | 2.5 | 1,538 | Recently Sold | |
0.17 | $321,500 | 3 | 2.5 | 1,568 | Off Market | |
0.15 | $18,000 | - | - | - | For Sale | |
0.18 | $179,000 | 7 | 3 | 3,800 | Recently Sold |
Local Information
-- mins to
Home Highlights
Multi-Family
Built in 1882
Open Parking
About this House
Own a piece of history! The Causey-Kendrick House is a 5-unit apartment building and Carriage House (detached garage, sold AS-IS). Carriage House offers future opportunities for storage rental or additional units. There is a shared on-site laundry room with potential for additional income with coin operated washer & dryer. Ample street parking and close to public parking lots. Driveway access currently rented with one unit. Currently 100% occupied with leases through 2026. Owner pays water bill, refuse, and storm water. Some tenants pay electric with some have it included. Whole building renovated in the past 5 years to include new paint, flooring, granite countertops, appliances, central air in largest unit, all windows, and more! This is a turnkey opportunity with over 60k in NOI with room for additional income. APPROX 4440 square feet in FIVE units. 4-1BD/1BA units and 1- 3BD/1BA unit with approx. 1600 sq. ft. of living space.
116 Franklin St, Suffolk, VA 23434 is a studio, 4 bathroom multi-family built in 1882. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $1,439/month.
Last check for updates: about 6 hours ago
Listed by Leslie Martin
Fit Realty, (757) 986-6312
Bought with: Jake Maines, Iron Valley Real Estate HR, (757) 645-9700
Source: REIN Inc., MLS#10577982

Home Details for 116 Franklin St
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Interior Details Basement: Crawl Space |
Beds & Baths Number of Bathrooms: 4 |
Appliances & Utilities Utilities: Electricity ConnectedAppliances: Electric Water HeaterLaundry: Laundry Room |
Heating & Cooling Heating: Baseboard,Electric,Heat Pump W/AHas CoolingAir Conditioning: Central Air,Wall/Window Unit(s)Has HeatingHeating Fuel: Baseboard |
Gas & Electric Has Electric on Property |
Windows, Doors, Floors & Walls Window: Window TreatmentsFlooring: Carpet, Ceramic Tile, Vinyl |
Levels, Entrance, & Accessibility Stories: 2Floors: Carpet, Ceramic Tile, Vinyl |
View No View |
Security Security: Security |
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Exterior Home Features Roof: Asphalt Shingle Slate |
Parking & Garage No CarportNo GarageNo Attached GarageHas Open ParkingParking: Driveway,On Street |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Farm & Range Not Allowed to Raise Horses |
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Year Built Year Built: 1882 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: Converted Single FamArchitecture: Converted Single Fam |
Building Construction Materials: Concrete, Frame, Stucco, Vinyl Siding |
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Price List Price: $485,000 |
Status Change & Dates Off Market Date: Mon Aug 04 2025Possession Timing: Settlement |
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MLS Status: Sold |
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Direction & Address City: SuffolkCommunity: Old Town Suffolk |
School Information Elementary School: Hillpoint ElementaryJr High / Middle School: King`s Fork MiddleHigh School: Kings Fork |
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Special Conditions: Owner Agent |
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Contingencies: Non Contingent |
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Mls Number: 10577982 |
Price and Tax history
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,844 | $172,300 |
Home facts updated by county records
Market trends in Suffolk
Last updated August 2026
Avg. sale price
$390K
Sale-to-List Price
100.0%
Price per sq ft
$199
$1MoM
Available listings
484
6MoM
Around this home
What Locals Say about Suffolk
At least 700 Trulia users voted on each feature.
89 % Say car is needed
86 % Say parking is easy
80 % Say it's dog friendly
80 % Say yards are well-kept
75 % Say there's holiday spirit
74 % Say kids play outside
67 % Say it's quiet
63 % Say people would walk alone at night
58 % Say streets are well-lit
56 % Say there are sidewalks
55 % Say neighbors are friendly
55 % Say there's wildlife
47 % Say they plan to stay for at least 5 years
34 % Say it's walkable to grocery stores
29 % Say it's walkable to restaurants
27 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

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This application does not include information on all of the properties available for sale at this time.
Some or all of the listings (or Listing Data) represented in this application have been enhanced with information not provided by REIN. Such enhancements may include information obtained from Zillow Inc. and other third-party or publicly available sources and are not part of the Listing Data provided by REIN.
Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings; user is advised to verify the accuracy of the listing information before making any financial decisions.
This application does not include information on all of the properties available for sale at this time.
Some or all of the listings (or Listing Data) represented in this application have been enhanced with information not provided by REIN. Such enhancements may include information obtained from Zillow Inc. and other third-party or publicly available sources and are not part of the Listing Data provided by REIN.
Frequently asked questions about 116 Franklin St
- Is Suffolk a buyer's or seller's market?Suffolk is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Suffolk?The median sale price in Suffolk is $390K. That is roughly unchanged from the prior month.
- What do residents say about Suffolk?Residents describe Suffolk, VA as easy to park in, dog-friendly, and well-kept. Most residents say you need a car. See recently sold homes in Suffolk, VA.
- What are the closest schools to 116 Franklin St?The closest schools to 116 Franklin St in Suffolk, VA are Hillpoint Elementary School (Pre-K, rated 3/10), King's Fork High School (rated 4/10), King's Fork Middle School (rated 4/10).
- Does 116 Franklin St have air conditioning?Yes, 116 Franklin St in Suffolk, VA has air conditioning.
- Does 116 Franklin St have laundry facilities?Yes, 116 Franklin St in Suffolk, VA has laundry facilities.